Noble makes a splash with major production goals
The US independent has set itself major production goals – and has piqued investors’ interest.
Like an Oscar-winning actress choking up during her acceptance speech, Susan Cunningham, Noble Energy’s senior vice president, exploration and business innovation, was overcome with emotion when she told analysts and investors on 6 December that the firm’s “audacious” goal, set six years ago, to find 1 billion barrels of oil equivalent (boe) within five years are being replayed, this time with a commitment to find 1.5bn boe in just two years. “Whew,” she gulped, “that… that gets me every time.” Mawkishness aside, Noble has a story to tell investors. Over the next five years, the company expects a mix of US onshore and foreign deep-water developments to raise production at a compound annual g
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
